450 George Street, Sydney, NSW 2000 | Commercial for sale | OnTheHouse
 
FOR SALE
Investment on application

450 George Street
Sydney NSW 2000

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SPAGO Franchise Opportunity | Sydney Central Plaza Food Court, Sydney CBD

【Summary】
Explore a SPAGO franchise opportunity at Sydney Central Plaza Food Court. Bring the brand's handmade pasta, customisable combinations and Sicilian pizza concept to a proposed Sydney CBD food-court operation, with training and ongoing support described in the SPAGO partnership programme. Investment on application; premises and commercial terms to be confirmed.
About the opportunity
Expressions of interest are invited from prospective franchise partners for Sydney Central Plaza Food Court. This is a location-specific franchise opportunity, with the final premises, menu, operating format and commercial terms subject to confirmation and relevant approvals.
SPAGO's pasta-bar and express concepts provide a starting point for discussing the proposed food-court operation. The brand's partnership overview describes assistance with site assessment, lease negotiations, store design, training, launch marketing and ongoing operations. The final support package and associated costs are governed by the franchise documentation.
Marketing and product support
The brand materials describe online and offline marketing, promotional campaigns, pre-opening publicity and ongoing product development. Partners can discuss the proposed marketing programme and seasonal menu updates with SPAGO. Service scope, contributions and charges require confirmation.
Training and operating support
SPAGO describes training for new partners, support for daily operations, store design and fit-out coordination, procurement and logistics, and operating processes. Applicants should review the actual training programme, responsibilities and ongoing support provisions in the franchise documentation.
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Property Details for 450 George St, Sydney

Building Type
Commercial
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About Sydney 2000

The size of Sydney is approximately 3.0 square kilometres. There are 16 parks, covering nearly 33.5% of the total area. The population of Sydney in 2016 was 17252 people. By 2021 the population was 16667 showing a population decline of 3.4% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sydney work in a professional occupation.In 2021, 24.20% of the homes in Sydney were owner-occupied compared with 29.10% in 2016.

Sydney has 24,441 properties. Over the last 5 years, Houses in Sydney have seen a 8.00% increase in median value, while Units have seen a -12.46% decrease. As at 31 August 2026:

  • The median value for Houses in Sydney is $2,906,879 while the median value for Units is $1,030,706.
  • Units have a median rent of $1,000.
There are currently 195 properties listed for sale, and 341 properties listed for rent in Sydney on OnTheHouse. According to Cotality's data, 528 properties were sold in the past 12 months in Sydney.

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